Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subsection 1017D(5A) of the Act, in providing details of a deduction for fees, charges or expenses in accordance with paragraph 7.9.20(1)(kb):
(a) the amount must be stated in dollars; or
(b) if ASIC determines that, for a compelling reason, it is not possible to state the amount of a deduction in dollars the amount of the deduction may be set out as a description of the fees, charges or expenses as a percentage of a specified matter (including worked dollar examples, unless that is inappropriate); or
(c) if ASIC determines that, for a compelling reason, it is not possible to state the amount of a deduction in dollars, or to set out the amount as a percentage, the product issuer may provide:
(i) a statement informing the holder of the product that amounts for fees, charges or expenses are applicable; and
(ii) if information about the deduction is not provided in the statement mentioned in sub - subparagraph 7.9.20(1)(ka)(ii)(B)--details of the means by which a product holder can gain access to information relating to the amount.
(2) A determination under paragraph (1)(b) or (c) must be:
(b) published in the Gazette .